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Wednesday, March 21, 2007

CSM - Consolidated Minerals (ASX)

Consolidated Mineral (CSM) is climbing along its ascending trend line (blue) in a sideways fashion building towards a directional breakout move. The last weeks tight price consolidation has alerted Chart Chat that this is likely to happen very soon. A break of $2.36 would project a target of $2.72 - $2.95.